A partner and business lawyer at Foley & Lardner LLP, Benjamin F. Garmer focuses his practice on acquisitions and financings for public and private companies and takeover defense.
He has represented national underwriters, including CS First Boston, Merrill Lynch, and Goldman Sachs, as well as regional underwriters, Robert W. Baird, William Blair and others, in financings and other matters. He is a member of the firm’s Transactional & Securities Practice and Energy Industry Team.
Mr. Garmer received his J.D., cum laude, from the University of Michigan Law School and an LL.M in taxation from New York University. He received his B.A., cum laude, from DePauw University.
Mr. Garmer is a director of various private and public companies, where he has served on the compensation, audit and executive committees.
Representative Matters :
- Foley represented Journal Communications, Inc. in the combination with The E.W. Scripps Company. In the transactions, each of Journal and Scripps will spin-off their respective newspaper businesses, which will then combine and become a new public company called Journal Media Group.
- Following the foregoing, Journal will merge into a subsidiary of Scripps, resulting in a pure broadcast (TV and radio) public company. Journal’s shareholders will have 41% of the combined newspaper company and 31% of the combined broadcast company.
- Represented National Research Corporation, a NASDAQ Global Select Market listed company, in its recapitalization, pursuant to which the Foley team created two classes of publicly traded securities from a single class structure. The two classes are identical except for voting rights and dividend rights.
- Represented Regal-Beloit Corporation in successfully obtaining Department of Justice (DOJ) antitrust clearance for its approximately $875 million strategic acquisition of the electric motor business of A.O. Smith.
- Following an investigation by the DOJ, Regal-Beloit agreed to sell certain assets to address the Department’s competitive concerns. The transaction closed in August 2011.
- The Foley team represented Pentair, Inc (Pentair). in its $10 billion “reverse Morris Trust” combination with the flow control business of Tyco International Ltd (Tyco).
- The transaction involved the spin-off of the Tyco flow control business to Tyco’s shareholders immediately followed by a merger of Pentair with the Tyco flow control business.
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